Tether mints 1 billion USDT on Tron

avatar
PANews
03-31
This article is machine translated
Show original

PANews reported on March 31 that according to Whale Alert, at 22:22 Beijing time, Tether Treasury minted 1 billion USDT on the TRON network, worth approximately $1.0006 billion.

Tether CEO Paolo Ardoino explained that this minting is for inventory replenishment, representing authorized but unissued USDT, primarily intended for future issuance requests and chain swaps.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo